Common use of Additional Litigation to Defend Transition Property Clause in Contracts

Additional Litigation to Defend Transition Property. In addition to the above, the Servicer shall, at its own expense, institute any action or proceeding necessary to compel performance by the PUCT or the State of Texas of any of their respective obligations or duties under the Securitization Law or any Financing Order with respect to the Transition Property, and to compel performance by REPs with any of their respective obligations or duties under any Tariffs or any agreement with the Servicer entered into pursuant to such Tariffs. In any proceedings related to the exercise of the power of eminent domain by any municipality to acquire a portion of TCC’s electric distribution facilities, the Servicer shall assert that the court ordering such condemnation must treat such municipality as a successor to TCC under the Securitization Law and Financing Order.

Additional Litigation to Defend Transition Property. In addition to the above, the Servicer shall, at its own expense, institute any action or proceeding necessary to compel performance by the PUCT or the State of Texas of any of their respective obligations or duties under the Securitization Law or any the Financing Order with respect to the Transition Property, and to compel performance by REPs with any of their respective obligations or duties under any Tariffs the Tariff or any agreement with the Servicer entered into pursuant to such Tariffsthe Tariff. In any proceedings related to the exercise of the power of eminent domain by any municipality to acquire a portion of TCC’s electric distribution facilities, the Servicer shall assert that the court ordering such condemnation must treat such municipality as a successor to TCC under the Securitization Law and Financing Order.